RAYUSDT | SETUP

RAYUSDT has been trading in a bearish parallel channel.
The price is trading near the upper boundary of channel.
The candles formation near the boundary projects bearish trend continuation.
The 0.238 fib level and horizontal resistance also confluence at upper boundary and currently trading price zone.
The bears are in complete control.
Trade your levels accordingly.
The price is trading near the upper boundary of channel.
The candles formation near the boundary projects bearish trend continuation.
The 0.238 fib level and horizontal resistance also confluence at upper boundary and currently trading price zone.
The bears are in complete control.
Trade your levels accordingly.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.